Economic model

id: economic-model-199-1385800
title: Economic model
text: An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes. Frequently, economic models posit structural parameters. A model may have various exogenous variables, and those variables may change to create various responses by economic variables. Methodological uses of models include i
brand slug: wiki
category slug: encyclopedia
description: Simplified representation of economic reality
original url: https://en.wikipedia.org/wiki/Economic_model
date created:
date modified: 2024-03-24T17:00:21Z
main entity: {"identifier":"Q2180497","url":"https://www.wikidata.org/entity/Q2180497"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/b/b9/Islm.svg","width":400,"height":400}
fields total: 13
integrity: 15

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